I’m not sure you can reasonably expect that you are going to recoup 70%-100% of the heat/AC costs.

Speaking of, one of the reasons why they're behind is because of debt coming due later this year.

We thought about doing seller financing for the $172K but it will likely take 10+ years to pay the full amount at any sort of reasonable monthly payment.

Loan terms seem reasonable.

Given the size of the asset, these won't be huge, but something to consider.REWARD - In addition to the benefits stated above, the only other reason I could see doing one on an asset this size is if you wanted to offset a property sale that would have a large capital gains. 

There are numerous reasons why people want to be wealthy.

You can stack your personal 50%s up for separate ventures while still knocking out deals without your own capital2) Read Raising Private Capital by Matt Faircloth3) One LLC with the S Corp designation to pay yourself a reasonable salary from the flip profits.

This is literally the entire reason these companies exists - to get this stuff right.As for why, I have no idea why there has been an uptick.

It is lakefront so that is an important reason.

Reason why is because FDIC Bankers "Do Not" charge points on traditional programs like primary homes, standard investment purchase and refinance, Second home/vacation homes.Lenders, Brokers all charge points to meet their Loan officer compensation plan (commission).